Carmen took out a loan for $7400 that charges an annual interest rate of 8.1%, compounded daily. Assume there are 365 days in each year. A part. If necessary, refer to the list of financial formulas. (a) Find the amount owed after one year, assuming no payments are made. Do not round any intermediate computations, and round your answer to the nearest cent. X 5 ? (b) Find the effective annual interest rate, expressed as a percentage. Do not round any intermediate computations, and round your answer to the nearest hundredth of a percent